funder logo

DAVENPORT UNIVERSITY FOUNDATION

DAVENPORT UNIVERSITY FOUNDATION

GRAND RAPIDS, MI, US
501(c)(3)
EIN
38-2434184
Regional Funder
funder logo

DAVENPORT UNIVERSITY FOUNDATION

GRAND RAPIDS, MI, US
501(c)(3)
EIN
38-2434184
Regional Funder

Income Statement

Fiscal Year Start:
Jul 1
Data visualization unavailable
Revenues in 2024

$2,672,537

Contributions
N/A
Investments
N/A
Fundraising Events
N/A
Government Grants
N/A
Program Services
N/A
Membership Dues
N/A
Expenses in 2024

$3,056,491

Grants
95%
Fees to Service Providers
5%
Interest
<1%
Other
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$1,573,732
$1,758,556
+12%
Government Grants
$0
$0
-
Fundraising Events
$333,943
$347,989
+4%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$913,849
$844,615
-8%
Other
-$397,786
-$278,623
-30%
Total Revenues
$2,423,738
$2,672,537
+10%
Expenses
2023
2024
Change
Grants
$4,914,722
$2,896,290
-41%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$131,667
$147,321
+12%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$8,678
$8,616
-1%
Depreciation
$0
$0
-
Other
$7,187
$4,264
-41%
Total Expenses
$5,062,254
$3,056,491
-40%
Net income
2023
2024
Change
Net income
-$2,638,516
-$383,954
+85%
Functional Expenses
Summary
2023
2024
Change
Program
$4,914,722
$2,896,290
-41%
Admin
$147,532
$160,201
+9%
Fundraising
$0
$0
-
Total Expenses
$5,062,254
$3,056,491
-40%
Income Statement
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